hey folks here is a trade review on my short in SSN yesterday. This is what we call a parabolic short setup. I ended up taking this trade three different times yesterday for a cumulative total of 25% gain on it. Very simple setup that can be played over and over everyday by just running scans for stocks that have made huge parabolic 5 day moves that have completely broken out over the upper bollinger band. You then zoom in on smaller timeframes to nail the perfect entry.
Stock and Coffee Saturday Morning
December 21, 2024
